Marginal note:Short title

1. This Act may be cited as the Special Retirement Arrangements Act.

Marginal note:Definitions

2. In this Act,

“benefit”

« prestations »

“benefit” includes a refund of contributions and any interest payable on those contributions;

“Minister”

« ministre »

“Minister” means the President of the Treasury Board;

“pension benefit”

« prestation de retraite »

  “pension benefit” means a periodic payment to which a member or former member of a special pension plan, or the beneficiary, estate or succession of that member or former member, is or may become entitled under that pension plan;

“pension benefit credit”

« droits à pension »

“pension benefit credit” means the aggregate value at a particular time of the pension benefit and any other benefits that have accrued under a special pension plan to a member or former member of that pension plan, as calculated in the prescribed manner;

“prescribed”

Version anglaise seulement

“prescribed” means prescribed by regulation;

“retirement compensation arrangement”

« régime compensatoire »

“retirement compensation arrangement”, unless the context otherwise requires, means a plan or an arrangement that is established by or under the authority of an order made under paragraph 10(a) or subsection 11(1);

“retirement compensation benefit credit”

« droits à pension compensatoires »

“retirement compensation benefit credit” means the aggregate value at a particular time of the benefits that have accrued to a person under a retirement compensation arrangement, as calculated in the prescribed manner;

“special pension plan”

« régime spécial de pension »

“special pension plan” means a pension plan established by or under the authority of an order made under paragraph 3(1)(b).